Trio-Tech International of Van-Nuys posted a net loss for the fiscal year ending June 30 on decreased sales of semiconductor test equipment, the company announced. The company also posted a loss in the fourth quarter. While global conditions remain volatile and unpredictable, the company is encouraged as it starts a new fiscal year, said CEO S.W. Yong in a prepared statement. Losses for the current fiscal year were below those of the previous year. For the full fiscal year, Trio-Tech reported a net loss of $335,000, or $0.21 per diluted share, on revenues of $35.5 million. For the previous fiscal year, the company reported a net loss of $592,000, or $0.12 per diluted share, on revenues of $36.9 million. For the fourth quarter, Trio-Tech reported a net loss of $903,000, or $0.27 per diluted share on revenues of $7.1 million. For the same period in 2010, the company reported net income of $323,000 or $0.12 per diluted share, on revenues of $12.9 million. The company increased its backlog in both testing services and the oil and gas equipment fabrication segment. In addition, it gained a $2.9 million contract for mobile offshore production units and living quarters used in offshore oil exploration in Southeast Asia, Yong said. “With our increasingly diversified customer base, well-established customer relationships, and strong balance sheet, we believe the company is on the right track to build value for our shareholders in the years ahead, Yong said.